Is AIG A Good Buy?

[jjgold]

Gov't took it over and cannot go bankrupt now

I say BUY

[Deuce]

Your 2 dime rug is hideous.

[compaqDikk]

wasn't freedie mac bought out by the govment? they are trading at 43 cents

[SlickFazzer]

Come on JJ, your smarter than this.

[bigboydan]

Come on JJ, your smarter than this.

Give the coach a bit of credit here sir. He's a wallstreet giant.

[SlickFazzer]

I have heard JJ used to be a good stock picker at MW or somewhere.

[accuscoresucks]

lets buy them coach what is it at 15c

[raydog]

im sure a bunch of folks bought yesterday when it was it was around 2.25. went up to around 3.75 and then dropped 45% today. aww wtf, i may drop a few dimes on it but i was told the only people who are buying it are people who have too much money to burn. that aint me but ive done dumber shiit with a few dimes

[jjgold]

I might buy 2000 shares, seems like a safe play.

[SlickFazzer]

I might buy 2000 shares, seems like a safe play.

Built in stop loss if it hits zero.

[Iwinyourmoney]

JJ, your wrong.

AIG is still goin to 0. The govt lent them this money to hold them over to organize a sale of all their holdings. Did you know the 85billion loan was fwith 8% interest. Yikes!

[ico2525]

Lehman brothers is a better buy JJ. I'd say get in around 9 cents.

[FreeFall]

you can't be serious. Explain how they are going to generate 85 billion dollars with interest to make the investors happy?

[jjgold]

They are going to sell lots of assets, secondly they took an extra 15 billion that they did not leave from gov't to play with

[Boner_18]

They are going to sell lots of assets

this

[Skidcom]

I hope so since we all now own a tiny little sliver of it

[JRS21386]

JJ remember AIG still is obligated to pay back that 85B even if they do go back up to being successful... I wouldn't want a company i own stock in to have accounts payable of that high...

[treece]

How the fuk can you be 85 billion dollars in debt? You can buy all the teams in the nfl and still have over 50 billion left.

[jjgold]

We bought 2,000 shares today

Lets see what happens, cannot get hurt

[fiveteamer]

jj, how much did you get and at what price?

[JerseyShop101]

AMER INTL GROUP INC(RT-ECN: AIG)
Last Trade: 5.56
Trade Time: 10:57am ET
Change: 0.84 (17.80%)
Bid: 5.55 x 18713
Ask: 5.56 x 1400


JJ, when would you sell? When you hit a certain percentage profit or you long term?

[JerseyShop101]

Want more control over the chart? Try our Interactive Chart.

I hope JJ got in under $3, nice profits!!

[jjgold]

This was the steal of the century

It is still a great buy and going go at least 20 in a year